Salesforce Surges, Dow Jones Hits High, Tesla Cybertruck Deliveries Hyped

1 min read
Source: Investor's Business Daily
Salesforce Surges, Dow Jones Hits High, Tesla Cybertruck Deliveries Hyped
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average rallied while the Nasdaq lagged as Salesforce reported strong earnings, causing its stock to surge. Tesla's stock fell despite CEO Elon Musk hyping Cybertruck deliveries. Inflation data showed a flat month-over-month rate and a 3% increase on the year, supporting interest rate doves. The Nasdaq dipped, but small caps gained. The Dow Jones outperformed, driven by Salesforce's strong performance. Tesla's stock fell as it prepared for its Cybertruck event. Other stocks, including Nvidia, also experienced declines.

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